Two-Story Duplex
For Sale
$849,999
1836 NW 70th Street, Miami, FL 33147
Newly built duplex with separately metered utilities and both residences currently leased.
Property Size2,400 SF
Days on Market301
Property Features for 1836 NW 70th Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
2 x 3BR/3BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$9,392
Building Details
Building Size
2,400 SF
Year Built
2023
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Arena Realty Advisors LLC
Listed By:
Gevork Sarkisian · License #3276719
(561) 322-8713
Source:
Marcelosteinmander
Added: Dec 12, 2025
Changed: Sep 28
Last Checked: Oct 7 at 5:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arena Realty Advisors LLC
Investment Insights
Based on property information with market context.
Completed in 2023, this two-story duplex is configured as two townhome-style residences. Each unit offers three bedrooms and three bathrooms, along with tile flooring, stainless steel appliances, and hurricane impact windows. Water and electric service are separately metered for each residence.
Both units are currently rented, providing an existing income-producing setup in Miami. The property combines a two-unit layout with modern construction and individually metered utilities.
Both units are currently rented, providing an existing income-producing setup in Miami. The property combines a two-unit layout with modern construction and individually metered utilities.
Key Highlights
- Two‑unit duplex completed in 2023
- Each residence includes 3 bedrooms and 3 bathrooms
- Two‑story townhome‑style configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,133
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,660
$962.7K
Cap Rate 7%
$687,614
$687.6K
Cap Rate 9%
$534,811
$534.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$73.4K $30.60/SF
− Vacancy
−$4.7K −$1.95/SF
EGI
$68.8K $28.65/SF
− OpEx
−$20.6K −$8.60/SF
NOI
$48.1K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,660
Cap Rate 7%
$687,614
Cap Rate 9%
$534,811
Alternative Uses
Best Use
Multifamily LT 5
$687.6K
$601.7K – $802.2K
NOI $48,133 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$633.4K
$554.2K – $738.9K
NOI $44,336 @ 7.0% cap · market cap 5.22%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,401 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built duplex with separately metered utilities and both residences currently leased.
Where is this duplex located?
The property is located at 1836 NW 70th Street Miami, FL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two‑unit duplex completed in 2023; Each residence includes 3 bedrooms and 3 bathrooms; Two‑story townhome‑style configuration
